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Saft to Raise Approximately 120M to Fund Li-ion Plants in US

Green Car Congress

Saft remains very focussed on its exciting medium term growth prospects, with high performance Li-ion batteries and is delighted that its projects have been chosen by the US Government to receive grants to build new factories in North America. million, including $100 million of investment-related, refundable tax credit.

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Evolute Drives seeking investors for MSYS multi-speed transmission for hybrids and EVs

Green Car Congress

The MSYS transmission was originally developed under a 3-year Technology Strategy Board (now InnovateUK) grant awarded in 2011, and in 2013 DSD was named as a key member of a £16-million (US$24.4-million) Earlier post.). million) UK government-supported consortium known as the Evoque_E development program. Click to enlarge.

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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

The recent passage of the Inflation Reduction Act—a sweeping package of tax, health care and climate measures—was like the happy ending to one of those heartwarming “Save Christmas” stories. The revamped tax credit scheme is clearly a great improvement over its predecessor. Unpacking the Inflation Reduction Act.